Which of the following statements is true? O The simple rate of return is zero percent if the payback period equals the assets useful life and salvage value is zero. O The simple rate of return method is inferior to the net present value method because it does not consider cash flows. O The payback period method is frequently used as a screening tool because it considers the overall profitability of a project. O The net present value method can be used only if the expected cash flows from the project are the same amounts each year. None of the above statements is true